Canadian companies plan to drill for oil and gas in Idaho's Boise basin.
Bridge Energy Inc., a subsidiary of Bridge Resources Corp., Calgary, applied for permits to drill five wells to 4,500-7,000 ft starting in the fourth quarter of 2009. The company said the wells will target three shallow gas and deeper oil reservoirs at 2,000-7,000 ft.
"Several older wells flowed gas to surface at measured rates up to 400 Mcfd, and two of the four deeper wells in the basin recorded live oil shows," said Bridge Resources.
The new wells will be the first based on modern reprocessed seismic, the company said. Idaho has no oil or gas production.
Bridge Resources and Paramax Resources Ltd. each hold a 50% interest in more than 105,000 gross acres, almost 75% of it in fee, in Idaho and Oregon.
